Steel Rate in Pakistan | 22 January 2025
nSteel is perhaps the most important raw material in Pakistan’s construction industry, and rates of steel are a key factor in the construction costs of building projects all across the country. Builders, contractors and investors would want to be cognizant of the Today steel rates in Pakistan an as such market trends in general..
Five Star Steel Rate in Pakistan Today
Five Star Steel is a steel brand of Pakistan. Five Star Steel manufactures Grade 40 & Grade 60 products, which are fine examples of durability, strength and long-term investment.
Here is the table with all the rates for five star steel.
| Five Star Steel Iron Rod Size in Sutar/mm | Five Star steel 40 Grade Rate in KG | Five Star steel 40 Grade Rate in Metric Ton | Five Star steel 60 Grade Rate in KG | Five Star steel 60 Grade Rate in Metric Ton |
|---|---|---|---|---|
| 3 sutar / 10mm | RS. 244 Per KG | RS. 244,000 Per Metric Ton | RS. 246 Per KG | RS. 246,000 Per Metric Ton |
| 4 sutar / 12mm | RS. 242 Per KG | RS. 242,000 Per Metric Ton | RS. 244 Per KG | RS. 244,000 Per Metric Ton |
| 5 sutar / 16mm | RS. 242 Per KG | RS. 242,000 Per Metric Ton | RS. 244 Per KG | RS. 244,000 Per Metric Ton |
| 6 sutar / 20mm | RS. 242 Per KG | RS. 242,000 Per Metric Ton | RS. 244 Per KG | RS. 244,000 Per Metric Ton |
| 7 sutar / 22mm | RS. 242 Per KG | RS. 242,000 Per Metric Ton | RS. 244 Per KG | RS. 244,000 Per Metric Ton |
| 8 sutar / 25mm | RS. 242 Per KG | RS. 242,000 Per Metric Ton | RS. 244 Per KG | RS. 244,000 Per Metric Ton |
Branded Steel Price in Pakistan Today
| Brand Name | 40 Grade Rate in KG | 40 Grade Rate in Metric Ton | 60 Grade Rate in KG | 60 Grade Rate in Metric Ton |
|---|---|---|---|---|
| Five Star Steel | RS. 244 Per KG | RS. 244,000 Per Metric Ton | RS. 246 Per KG | RS. 246,000 Per Metric Ton |
| Amreli Steels | RS. 252 Per KG | RS. 252,000 Per Metric Ton | RS. 254 Per KG | RS. 254,000 Per Metric Ton |
| Mughal Steel | RS. 251 Per KG | RS. 251,000 Per Metric Ton | RS. 253 Per KG | RS. 253,,000 Per Metric Ton |
| Agha Steel | RS. 252 Per KG | RS. 252,000 Per Metric Ton | RS. 254 Per KG | RS. 254,000 Per Metric Ton |
| AF Steel | RS. 251 Per KG | RS. 251,000 Per Metric Ton | RS. 253 Per KG | RS. 253,000 Per Metric Ton |
| Moiz Steel | RS. 247 Per KG | RS. 247,000 Per Metric Ton | RS. 249 Per KG | RS. 249,000 Per Metric Ton |
| Union Steel | RS. 247,Per KG | RS. 247,000 Per Metric Ton | RS. 247 Per KG | RS. 247,000 Per Metric Ton |
| Naveena Steel | RS. 246 Per KG | RS. 246,000 Per Metric Ton | RS. 248 Per KG | RS. 248,000 Per Metric Ton |
Local Steel Price in Pakistan
| City Wise Local Steel | Rate per KG | Rate per Metric Ton |
|---|---|---|
| Karachi | RS. 232 Per KG | RS. 232,000 Per Metric Ton |
| Lahore | RS. 228 Per KG | RS. 228,000 Per Metric Ton |
| Islamabad | RS. 230 Per KG | RS. 230,000 Per Metric Ton |
| Faisalabad | RS. 226 Per KG | RS. 226,000 Per Metric Ton |
| Peshawar | RS. 229 Per KG | RS. 229,000 Per Metric Ton |
| Gujranwala | RS. 226 Per KG | RS. 226,000 Per Metric Ton |
| Quetta | RS. 228 Per KG | RS. 228,000 Per Metric Ton |
| Multan | RS. 226 Per KG | RS. 226,000 Per Metric Ton |
Steel Manufacturing Companies / Mills In Pakistan
Various Steel iron rod manufacturing mills are working in different cities of Pakistan.
- Pakistan Steel Mills
- Five Star Steel
- Amreli Steels
- F.F. Steels
- Mughal Steel
- Safa Steel
- Agha Steel
- Ittefaq Steel
- Ittehad Steel
- A.F. Steel
- Chenab Steel
- Maqsood Steel
- Amaan Steels
Factors Influencing Steel Price in Pakistan
There are some reasons which are behind the reason behind the steel rate fluctuations, among the most important contributing factors is:
- International Market Pricing: In the international steel market, some coal and scrap steel prices may change, impacting the steel rate in Pakistan. International economic conditions, trade policies, and according to the global economy transition impacts the construction industry emissive and pooling structure greatly.
- Local Demand and Supply Factors: Specific to the steel construction market for instance for local demand, in Pakistan construction industry for example, the construction industry supplies raw steel product such as hot rolled coil, cold rolled coil and etc. There is a potential for fluctuations in rate in case there is an imperfect equilibrium between demand and supply.
- Raw Material Costs: The presence of materials such as iron ore and coal, influence steel rates in Pakistan. And consumers may feel the brunt of shifting global material prices.
- Government Policies and Taxes: Restrictions and regulations on trade business of the government can alter the steel rate in Pakistan. Adding to the cost of steel products, levies such as import duties and sales tax exist.
- Competition: The multiple dynamics present in the steel Industry in Pakistan reveals that the steel business is fairly competitive on both local and international level. This could result in price fluctuations and wars.
Types of Steel Products in Pakistan
The Pakistani steel industry has a variety of products to offer which include:
- Reinforcement Steel Bars (Rebars): This is usually used in construction projects for reinforcement.
- Mild Steel Bars: This is used in construction projects for general purposes.
- Galvanized Steel Pipes: Plumbing and water supply systems, these pipes are often used in these areas.
- Steel Sheets: roofing, and cladding materials, steel sheets are look to be used in this.
- Steel Angles: construction and fabrication, these angles are generally employed for these purposes.
Conclusion
The price of steel in the country bears much significance to the construction sector. It is important to comprehend how the factors that determine the steel market, the steel products and their types, and the reasons why it is essential to track the steel pricing assist builders, contractors and investors. By being informed of the market dynamics, stakeholders can deal with the intricacies of the construction steel and hence, construction projects can be completed successfully.
Also can check price of cement
